Author: Editor

High net worth donors face a new reality this year. As of Jan. 1, the One Big Beautiful Bill Act (OBBBA) has changed the rules for charitable tax breaks, making it harder for wealthy clients to reduce their bills through small or mid-sized gifts.Processing ContentUnder the new law, clients must deal with two major restrictions: a 0.5% adjusted gross income (AGI) “floor” and a limit on the total tax savings allowed for those in the highest bracket. These changes mean that for many clients, a significant portion of their charitable giving will no longer provide any tax relief. For example, a…

2026-01-19T12:57:01.270Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. I tried on similar pairs of leggings at Lululemon, Alo, and Athleta to see which were the best. The Alo leggings were nice, but I thought they’d be too constricting for a workout. I really liked the pair from Lululemon and thought they were comfortable and flattering. One of…

When preparing for interviews, most people anticipate the classic “Tell me about your background,” or “What are your greatest strengths and weaknesses?”Those are always fair game — but some executives have developed their own favorite questions to evaluate specific traits, whether they’re determining a candidate’s understanding of the role or looking for signs of an entrepreneurial spirit.Business Insider asked five executives, including chief people officers at Walmart and Dayforce, about their go-to interview question.AT&T’s head of business operations, Jennifer Van Buskirk Jennifer Van Buskirk said she discovered two key interview questions when hiring for her startup. AT&T Jennifer Van Buskirk…

Michel had been in Austin for about two years when she started thinking about buying a home.”I was already living in this neighborhood,” Michel said. “I loved it. I knew I would want a home in the area eventually.”When she saw a 1930s cottage for sale in the area, she decided to check it out with her dad. The two-bed, one-bath property was about 1,150 square feet.”The house was modernized, but it was being advertised as a teardown,” she said, meaning the listing suggested a buyer might tear it down and rebuild because parts of the home, like the flooring,…

Competition for top quant talent has never been stiffer.With top hedge funds and high-frequency trading firms in expansion mode — and increasingly encroaching on the same turf — the mathematicians, physicists, data scientists, and engineers who power them are in high demand.The emergence of AI labs, which can outbid even the top-tier finance firms with war chests of tens of billions in capital, has only ratcheted up the competition.For those eyeing a career in systematic trading — and the skills to get hired — the financial incentives have never been better. Quant interns at Jane Street can now earn tens…

2026-01-19T12:30:01.241Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. Mixue has opened its first American locations: two in New York, and one in Los Angeles. I visited the Herald Square ice cream and boba shop to see if it was worth the hype. The options were wildly affordable, giving McDonald’s menu a run for its money. New York…

A product manager at Meta says vibe coding has changed what it means to do his job — even though he has no technical background and still finds code “terrifying.”Zevi Arnovitz said in an episode of “Lenny’s Podcast” released Sunday that discovering AI coding tools in mid-2024 marked a turning point in his career. It felt like he was handed “superpowers,” Arnovitz said.Understanding how to use AI intentionally is “one of the biggest game changers that will make you much better as a PM,” he said, referring to product management.Arnovitz joined Meta in September last year after about three years…

You can check out but you can never leave; job experience; and other highlights of recent tax cases.Processing ContentCorona, California: Customs broker Frank Seung Noah, 63, has been sentenced to 51 months in prison and ordered to pay $7,579,141 in restitution for defrauding clients out of more than $5 million, including after he already had been indicted on federal fraud charges, and to committing more than $1 million in tax evasion.          Noah pleaded guilty in February to one count of tax evasion and two counts of wire fraud.Noah, who previously pleaded guilty, owned and operated Comis International Inc., a logistics and…

In my early 30s, I was working long hours as the editor in chief of a magazine, juggling deadlines and the looming “should we have kids?” question — all while feeling completely wrung out. I drafted a resignation email.When my boss called me in, she surprised me: “Take some time off,” she said. “Come back to manage a new launch later this year.”My plan for a year off collapsed into two months.It began quietly in India at a yoga retreat near Kerala and ended with an adventure in Indonesia, climbing Mount Bromo and motorbiking through Yogyakarta.It wasn’t a true gap…

Treasury Secretary Scott Bessent says President Donald Trump is serious about annexing Greenland.Trump amped up the rhetoric on Saturday, announcing on Truth Social that the United States would impose new tariffs on Denmark, which controls Greenland, and other European countries unless they hand Greenland over.Speaking to Kristen Welker on NBC News’ “Meet the Press” on Sunday, Bessent said Trump’s push to take over Greenland was not an empty land grab but a strategy to prevent future conflict.”The national emergency is avoiding a national emergency,” Bessent said. “It is a strategic decision by the president. This is a geopolitical decision, and…